Hillary: The “Good News” is That China is “Forcing Down Wages” By William K. Black October 23, 2016 Kansas City, MO The general media has been treating the WikiLeaks disclosures of the Clinton campaign documents, particularly the transcripts of her lucrative talks with Goldman Sachs as much ado about nothing. I … Continue reading → Hillary: The “Good Ne […]
Bank of England: Taking the Banks’ Fraud Proceeds Slows Growth By William K. Black October 20, 2016 Kansas City, MO Elite bankers and the pathetic economists who serve as apologists for their frauds specialize in proving our family saying that it is impossible to compete with unintentional self-parody. The subtitle … Continue reading → Bank of England: […]
John Atkinson Hobson was an English economist in the second-half of the C19th and worked well into the C20th, dying at the age of 81 in 1940. I have been reflecting on his work in the context of wage and … Read the rest of this entry »
The “World’s Wrongest Man”, one Michael Jay Boskin, an economics professor at Stanford and former chairperson of the Council of Economic Advisors under George W. Bush is back with another stunning piece of sophistry. He has been an outspoken Op … Read the rest of this entry »
Thomas Kuhn once famously described textbooks as the vehicle by which students learn how to do “normal science” in an academic discipline. Economic textbooks clearly fulfil this function, but the pity is that what passes for “normal” in economics barely deserves the appellation “science”. Most introductory economics textbooks present a sanitised, uncritical […]
from Lars Syll Most work in econometrics and regression analysis is — still — made on the assumption that the researcher has a theoretical model that is ‘true.’ Based on this belief of having a correct specification for an econometric model or running a regression, one proceeds as if the only problem remaining to solve […]
Clinton Vs. Trump: IBD/TIPP Presidential Election Tracking Poll (IBD/TIPP) The IBD/TIPP poll — a collaboration between Investor’s Business Daily (IBD) and TechnoMetrica Market Intelligence (TIPP) — has been the most accurate poll in recent presidential elections (About IBD/TIPP Poll). The latest results for the IBD/TIPP Presidential Election Tracking Poll wi […]
(Note corrigée et avec des ajouts, rédigée dans l’avion Moscou-Sotchi….) Les manifestations non-autorisées de policiers continuent de se multiplier, que ce soit à Paris (où l’on était à la 6ème) ou dans de multiples...
Le Club de Discussion Valdai, cette rencontre entre hommes politiques et journalistes qui est organisée par plusieurs institutions russes dont le Conseil de Politique étrangère et de Défense, le Conseil Russe des affaires internationales,...
Par Bill MitchellThe dreaded NAIRU is still about!16 Avril 2009Traduction collective avec Frapper MonnaieBill Mitchell est Professeur de recherche en économie et Directeur du Centre du Plein Emploi et Équité (CofFEE), a l'Université de Newcastle, NSW Australia.L’épouvantable NAIRU est toujours d’actualité ! Je pensais – de façon optimiste – qu'il d […]